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They agreed that gold would remain the primary international asset by which nations settle their debts with one another. The U.S. dollar, then backed by 57% of the free world's nationally held supply of gold, would be the key currency. Under that arrangement, then and today, other nations value their money in terms of the U.S. dollar, which is itself valued in terms of gold. The dollar's acceptability in world finance rests on the U.S. Treasury's pledge to redeem dollars held by foreign governments for gold at an unchanging...

Author: /time Magazine | Title: The Monetary System: What's Wrong and What Might Be Done | 11/29/1968 | See Source »

...unsung hero." McKinney has been a back-up punter and a member of the kick-off team. It was McKinney who threw the block that enabled Bill Kelly to recover the on-sides kick in the Yale game. "Joe has been extremely reliable and dependable, and a real asset," Yovicsin said...

Author: NO WRITER ATTRIBUTED | Title: Cramer Is Chosen Football Captain | 11/26/1968 | See Source »

...some opinions, it is not true that if you have seen one Vice President, you have seen them all. But the question of what kind of a Veep Spiro T. Agnew will make is more than usually clouded. At the beginning of the campaign, he made anonymity an asset. A joking reference to "What's-His-Name" warmed an audience up. The admission that Agnew w.as "not exactly a household word" carried a nice touch of modesty. By the end of the campaign, many Republican strategists wished that Agnew had remained What's-His-Name. The Vice President-elect...

Author: /time Magazine | Title: The 39th Doge | 11/15/1968 | See Source »

...addition is allowed to pass for logic, there was the danger of the parts not resting snugly with each other, and it is exactly that danger which hits Promises, Promises hard. The plot, taken step for step from the Billy Wilder-I.A.L. Diamond screenplay, must be counted an asset; Simon has certainly contributed a better than respectable quantity of laughs; and the Bacharach-David score is exceptional by any reckoning, absolutely top-drawer by current musical-comedy standards. The problem is that the property works at cross-purposes to the adaption, and the adaptation at cross-purposes...

Author: By James Lardner, | Title: Promises, Promises | 10/10/1968 | See Source »

...Mervin Field poll released last week showed that California voters believe that Muskie does more for the Democratic ticket than Spiro Agnew does for the Republican. All told, 11% of the state's Republicans think that Agnew weakens their ticket, while 17% consider him an asset. Only 6% of the Democrats think Muskie hurts the ticket, while 25% consider him an asset...

Author: /time Magazine | Title: The Campaign: The Sleeper v. the Stumbler | 10/4/1968 | See Source »

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